The Associated Press
COVINGTON — A former insurance broker from Florence has pleaded guilty to stealing $571,000 from his clients.
James Pullen admitted in a plea agreement Monday he used his clients’ health-care premium payments to cover his company’s expenses from July 2003 until November 2004. He operated Triple Crown Financial Group.
Pullen peddled a self-funded health-care benefit program to Northern Kentucky companies such as James W. Berling Engineering in Fort Wright.
The Kentucky Enquirer reports the indictment handed down last month does not name the other companies Pullen defrauded. He has remained free on his own recognizance.
Pullen, who now lives in Alpharetta, Ga., faces up to 20 years in prison when sentenced April 20.
The only difference between Mr. Peden and the Medicare program is he doesn’t have big machines that print up an endless supply of $100 bills. If he did, we would be giving him a Nobel prize rather than throwing him in prison.
Mr Adams…the choice you have made…defending white collar crime…and attacking the Medicare program…says all that needs to be said…you lack credibility…